Supervisor of Cost Accounting

Ferrotec; Livermore (CA); On-site; USD 90,000 - 140,000; Full time

Job summary

Ferrotec, Livermore, CA, is seeking a senior Cost Accountant to lead the cost accounting function in a dynamic manufacturing environment. You will supervise the cost accounting team, ensure inventory cost data accuracy, and maintain standard costs and rates while evaluating pricing patterns.

The role emphasizes period-end close, internal controls, and collaboration with Operations to drive cost containment, pricing accuracy, and reliable reporting.

Qualifications

• 7 years cost accounting experience in a standard cost manufacturing environment.
• Experience in an advanced MRP II environment.
• Proficient in Windows-based PC software including Excel and Word.
• Strong interpersonal and analytical skills, and proven problem-solving skills.
• Good communication skills, both verbal and written.
• Ability to maintain strict confidentiality.
• Ability to prioritize and manage multiple projects and work independently.
• Bachelor's Degree in Accounting or Finance (preferred).

Responsibilities

• Supervise the cost accounting team.
• Ensure the accuracy and integrity of inventory cost data.
• Maintain standard material costs and rates; evaluate pricing and updates.
• Review obsolete and excess inventory and calculate reserves.
• Review labor and overhead rates for pricing accuracy.
• Prepare and distribute actual to budget cost center reports and month-end analyses.
• Review PPV and WO variance reports and communicate explanations to operations.
• Assist in periodic inventory counts and audit documentation.
• Support budgeting and forecasting for cost of goods and manufacturing expenses.
• Monitor cost accounting activities for consistency and compliance.

Skills

Cost accounting

MRP II

Excel

Word

Communication

Analytical skills

Confidentiality

Project management

Education

Bachelor's Degree in Accounting or Finance

Tools

Oracle ERP

Job description

Together we are a world-class diversified manufacturer with a commitment from our team to proudly provide pure precision solutions to our customers, delivering superior quality, value, and service.

Ferrotec (USA) Corporation is a technology company with a worldwide presence in various end products, manufacturing systems, and industries serving primarily the semiconductor industry. We provide our customers with advanced materials, components, systems, and manufacturing solutions. Please visit www.ferrotec.com for a list of office locations.

HOW YOU MAKE AN IMPACT

Responsible for the application and integrity of cost accounting practices in a dynamic manufacturing environment. This includes, but is not limited to planning, collecting, and analyzing data to determine and report all cost factors affecting production such as raw material purchases, inventory management costs, production labor, outside services, and machine shop activity. Track and report on all raw materials, WIP, finished goods, and consignment inventory.

Achievement of objectives must include an overriding commitment to quality that must permeate the areas of responsibility. Enable and Drive Change in the Organization.

WHAT SUCCESS LOOKS LIKE

• Responsible for supervising the cost accounting team.
• Responsible for the accuracy and integrity of inventory cost data
• Responsible for the maintenance of standard material costs and rates. Annual evaluation of tiered pricing and purchasing patterns to determine whether the standard should be updated. Proactively review reports of items with a $0 standard cost and communicate with Operations to determine if standard cost updates are needed
• Review, identify, and monitor potential obsolete and excess inventory and calculate the necessary reserves for management’s review.
• Perform periodic review of labor and overhead rates to ensure proper pricing of the company’s products.
• Ensures timely preparation and distribution of actual to budget cost center reports, inventory-related reports, and other miscellaneous month-end management reports including any necessary analysis, reconciliations, and explanation of results.
• Review and distribute PPV and WO Variance reports to operations, for review, explanations, and sign off.
• Communication and partnering with Operations on variance review as needed.
• Assist in periodic inventory counts and evaluate the adequacy of the inventory count program.
• Prepare the month-end cost accounting journal entries and monthly reconciliation of perpetual inventory to the general ledger.
• Perform the quarterly warranty reserve analysis for management review.
• Prepare monthly reconciliations of various general ledger accounts
• Responsible for the preparation of all inventory-related reports.
• Assists in the budget and forecasting processes as it pertains to cost of goods and manufacturing expenses, as requested
• Responsible for accounting projects that will be assigned from time to time.
• Prepare quarterly and year-end audit documentation (review of account balances/explanation of changes), based on requests received from our audit partners
• Monitors the cost accounting activities of others to ensure consistency in reporting and compliance to Ferrotec and J-Sox Controls.
• Perform other related duties as may be reasonably assigned in the course of business.
• Achievement of objectives must include an over-riding commitment to quality that must permeate the areas of responsibility.
• Enable and Drive Change in the Organization.

Not a comprehensive list of duties. Duties may change without notice at management’s sole discretion

WHAT YOU NEED TO BE SUCCESSFUL

• 7 years cost accounting experience in a standard cost manufacturing environment.
• Experience in an advanced MRP II environment.
• Proficient in Windows-based PC software packages including spreadsheet and word processing (Excel and Word, etc.)
• Strong interpersonal and analytical skills, and proven problem-solving skills.
• Good communication skills, both verbal and written
• Ability to maintain strict confidentiality.
• Ability to prioritize and manage multiple projects and work independently

Preferred Skills

• Bachelor's Degree in Accounting or Finance
• Oracle ERP Experience

PERKS OF JOINING OUR TEAM

With positive values, a productive atmosphere, and a commitment to excellence, Ferrotec encourages employees to maximize and realize their potential.

The salary range included in this job posting is relevant to applicants who reside or work in the Livermore, CA area only. Salary offers will depend on experience, knowledge, skills, education, and location. Actual salary may vary due to these and other factors.

Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.